Property description

The upper two floors of a period building facing the Market Place in the centre of the historic market town of Devizes, offering accommodation suitable for retailing or office use.LOCATIONThe premises are centrally located above Devizes Photo Imaging and adjacent to Lloyds Bank with free public car parking (up to half an hour) in the Market Place. The immediate vicinity is mainly retail, with other commercial occupiers including Pizza Express, Superdrug, W H Smiths, Carphone Warehouse, Boots Opticians and other independent shops. The entrance to the premises is located just inside the Ginnel, a charming shopping parade and pedestrian link to West Central car-park.Devizes is a historic market town in the centre of Wiltshire, approximately 20 miles due South of Swindon and 24 miles due North of Salisbury. The nearest access to the M4 motorway is at Swindon (junctions 15 and 16) and Chippenham (junction 17). Mainline railway stations are at Pewsey, Chippenham and Trowbridge. Devizes has a population of approximately 11,300 people (2001 Census).DESCRIPTIONUntil recently, the upper floors have been used as a wedding dress shop and would suit any destination retailer where a central location is more important than shop-front visibility. Alternatively, the accommodation might suit an office occupier, falling within use class A2 (professional and financial) or possibly other uses subject to planning and landlord's consent. The building is listed Grade II.The entrance door off the Ginnel leads into a shared hallway from which a shared staircase rises to the first floor landing which accommodates the toilet and kitchen facilities. The main entrance door opens into a hall/reception area and a front office. A further staircase rises to the second floor accommodation, where there are two further office rooms and storage cupboards. There is no lift.The previous occupier heated the rooms by means of portable electric heaters.ACCOMMODATIONAll measurements are approximate and areas are given on a Net Internal basis, in accordance with the RICS Code of Measuring Practice, 6th Edition. The measurements of the premises are given below.First floor offices23.29 sq m (251 sq ft) Kitchen2.64 sq m (28 sq ft)Second floor offices38.12 sq m (410 sq ft)Total NIA64.05 sq m (689 sq ft)There are no external areas or parking spaces allocated.BUSINESS RATESAccording to the Valuation Office Agency website, the Rateable Value for 37a Market Place as given in the 2010 list at the time of writing was as follows:Offices and premises£4,200Please note that the Rateable Value is not the same as the Business Rates Payable. Further information may be obtained from www.voa.gov.uk/business_rates/LEASEThe premises are available for occupation by way of a new internal repairing and insuring sub-lease, the terms of which are to be agreed. There will be a rent review on 24th December 2014 (to coincide with the head-lease) and there will be a mutual break option in April 2016. The sub-lease will fall outside the renewal provisions of the Landlord and Tenant Act 1954. References, a rental deposit and a guarantor may be required by the landlord.PERMITTED USEWe understand that the current permitted legal use falls into Use Class A1 (retail) or A2 (financial and professional) as defined in the Town and Country Planning (Use Classes) Order 1987 as amended. The head-lease prohibits use as \"an estate agent, surveyors, auctioneers or any like profession\".RENTThe quoting rent is £7,000 per annum exclusive of VAT, business rates and services, payable quarterly in advance. VATWe understand the property is not subject to VAT. However, we recommend that the prospective tenants establish the full VAT implications prior to entering into any agreement.LEASE CODEApplicants are recommended to refer to the RICS Code of Practice for Commercial Leases: www.leasingbusinesspremises.co.uk COSTSEach party is to bear its own legal costs in the transaction.SERVICESMains water, drainage and electricity are connected. None of the services or fittings within the building has been tested by the agent.EPCSince the premises are listed on the English Heritage website, we understand that the premises are exempt from the requirement to show an Energy Performance Certificate.VIEWINGAvailable strictly through the sole agents, Martin Walker Chartered Surveyors by contacting Jonathan Shortt on 01380 730200 or 07878 397301 or email: jonathan@mwwilts.co.ukDISCLAIMERMartin Walker Estate Agents Ltd, on behalf of and for the Vendors or Lessors of this property whose agents they are, gives notice that:(1) these particulars are set out as a general outline only for the guidance of intending purchasers and lessors and do not constitute, nor constitute part of, an offer or contract.(2) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct, but intending purchasers or lessors should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them(3) no person in the employment of Martin Walker Estate Agents Ltd has any authority to make any representation or warranty whatsoever in relation to this property.(4) unless otherwise stated, all prices and rents are quoted exclusive of VAT.Details prepared May 2014

Property Features :

• Upper floor offices/retail
• Use Class A1/A2 Retail
• Town centre location
• Approximately 64.05 sq m (689 sq ft) NIA
• New sub-lease - terms to be agreed